Graham (NYSE:GHM) Upgraded at Weiss Ratings

Weiss Ratings upgraded shares of Graham (NYSE:GHM) from a hold (c+) rating to a buy (b-) rating in a report published on Saturday morning,Weiss Ratings reports.

Several other research firms also recently commented on GHM. Zacks Research downgraded Graham from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Noble Financial lowered Graham from an “outperform” rating to a “market perform” rating in a research report on Tuesday, October 21st. Finally, Maxim Group raised Graham to a “buy” rating and set a $65.00 price objective for the company in a research note on Wednesday, July 2nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $60.00.

Graham Stock Performance

Shares of Graham stock opened at $59.39 on Friday. Graham has a 52-week low of $24.78 and a 52-week high of $64.08. The stock has a market capitalization of $652.14 million, a price-to-earnings ratio of 47.14 and a beta of 0.96. The company has a fifty day moving average of $53.54 and a 200-day moving average of $46.97.

Graham (NYSE:GHM) last posted its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.20. The business had revenue of $55.49 million during the quarter, compared to the consensus estimate of $55.53 million. Graham had a net margin of 6.43% and a return on equity of 12.83%. Graham has set its FY 2026 guidance at EPS. On average, equities research analysts forecast that Graham will post 1.07 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Graham

Several hedge funds and other institutional investors have recently modified their holdings of GHM. State of Alaska Department of Revenue purchased a new stake in Graham in the third quarter worth about $33,000. SG Americas Securities LLC bought a new position in shares of Graham in the 3rd quarter worth approximately $138,000. Spire Wealth Management bought a new position in shares of Graham in the 3rd quarter worth approximately $71,000. Calamos Advisors LLC raised its position in shares of Graham by 13.2% in the 3rd quarter. Calamos Advisors LLC now owns 36,014 shares of the industrial products company’s stock worth $1,977,000 after acquiring an additional 4,191 shares in the last quarter. Finally, Blue Trust Inc. bought a new position in shares of Graham in the 3rd quarter worth approximately $28,000. Hedge funds and other institutional investors own 69.46% of the company’s stock.

About Graham

Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. It offers power plant systems, including ejectors and surface condensers; torpedo ejection, propulsion, and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems comprising pumps, blowers, and drive electronics for defense sector.